STYL
ActiveSummary
STYL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €-9k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-11
Solvency48▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 2.28 in 2024; short-term debt: 24% and cash: 20.2% of total assets), but 77.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.8%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-9k
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
62 d early
2023
58 d early
2022
54 d early
2021
38 d early
2020
40 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 14.1%
2024 · €67k
2019: €25klowest in 7 years
2020: €38k▲ +50.1% vs 2019
2021: €40k▲ +5.3% vs 2020
2022: €57k▲ +43.2% vs 2021
2023: €70k▲ +22.7% vs 2022highest in 7 years
2024: €67k▼ -3.7% vs 2023
2025: €58k▼ -14.1% vs 2024
2019 → 2025
Total assets
€254k▼ 11.1%
2024 · €286k
2019: €81k
2020: €75k▼ -6.6% vs 2019lowest in 7 years
2021: €83k▲ +10.5% vs 2020
2022: €110k▲ +32.9% vs 2021
2023: €210k▲ +89.9% vs 2022
2024: €286k▲ +36.1% vs 2023highest in 7 years
2025: €254k▼ -11.1% vs 2024
2019 → 2025
Net result
€-9k▼ 268%
2024 · €-3k
2019: €7k
2020: €13k▲ +91.4% vs 2019
2021: €2k▼ -84.0% vs 2020
2022: €17k▲ +753% vs 2021highest in 7 years
2023: €13k▼ -24.6% vs 2022
2024: €-3k▼ -120% vs 2023
2025: €-9k▼ -268% vs 2024lowest in 7 years
2019 → 2025
Working capital
€31k▼ 46.5%
2024 · €58k
2019: €1klowest in 7 years
2020: €23k▲ +1880% vs 2019
2021: €31k▲ +33.8% vs 2020
2022: €31k▼ -1.6% vs 2021
2023: €52k▲ +70.9% vs 2022
2024: €58k▲ +11.4% vs 2023highest in 7 years
2025: €31k▼ -46.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€57k▲ 43.2%€70k▲ 22.7%€67k▼ 3.7%€58k▼ 14.1%
2021: €40klowest in 5 years
2022: €57k▲ +43.2% vs 2021
2023: €70k▲ +22.7% vs 2022highest in 5 years
2024: €67k▼ -3.7% vs 2023
2025: €58k▼ -14.1% vs 2024
Operating result€2k-€20k▲ 942%€17k▼ 14.8%€2k▼ 88.9%€-3k
2021: €2k
2022: €20k▲ +942% vs 2021highest in 5 years
2023: €17k▼ -14.8% vs 2022
2024: €2k▼ -88.9% vs 2023
2025: €-3k▼ -252% vs 2024lowest in 5 years
Net result€2k-€17k▲ 753%€13k▼ 24.6%€-3k€-9k▼ 268%
2021: €2k
2022: €17k▲ +753% vs 2021highest in 5 years
2023: €13k▼ -24.6% vs 2022
2024: €-3k▼ -120% vs 2023
2025: €-9k▼ -268% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€162k ▼ 10.8%
Current assets
€92k ▼ 11.7%
Equity and liabilities €254k
Equity
€58k ▼ 14.1%
Debt
€196k ▼ 10.2%
Debt's share of the balance-sheet total rises from 76.4% to 77.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€26k▼
2024 · €27k
Cash flow
€19k▼
2024 · €22k
Current ratio
1.51▼
2024 · 2.28
Quick ratio
1.15▼
2024 · 1.59
Debt to equity
3.39▲
2024 · 3.25
ROE
-16.4%▼
2024 · -3.8%
ROA
-3.7%▼
2024 · -0.9%
Interest coverage
3.89▼
2024 · 4.90
Debt ≤ 1 year
€61k▲
2024 · €46k
Debt > 1 year
€135k▼
2024 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€286k€254k▼
Fixed assets21/28€181k€162k▼
Intangible fixed assets21-€4k
Tangible fixed assets22/27€181k€158k▼
Plant, machinery and equipment23€146k€132k▼
Furniture and vehicles24€31k€22k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€104k€92k▼
Stocks and contracts in progress3€31k€22k▼
Stocks30/36€25k€22k▼
Contracts in progress37€6k€0▼
Amounts receivable within one year40/41€32k€16k▼
Trade receivables40€26k€16k▼
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€39k€51k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€286k€254k▼
Equity10/15€67k€58k▼
Contributions10/11€19k€19k=
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-2k€-12k▼
Amounts payable17/49€218k€196k▼
Amounts payable after more than one year17€172k€135k▼
Financial debts170/4€172k€135k▼
Amounts payable within one year42/48€46k€61k▲
Current portion of amounts payable after more than one year42€29k€37k▲
Trade debts44€12k€13k▲
Suppliers440/4€12k€13k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3-€829
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€1k€6k▲
Accrued charges and deferred income492/3€25€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€29k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€28k€28k▼
Operating profit (loss)9901€2k€-3k▼
Financial income75/76B€938€141▼
Recurring financial income75€938€141▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€-3k€-9k▼
Profit (loss) for the period9904€-3k€-9k▼
Profit (loss) for the period to be appropriated9905€-3k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-12k▼
Profit (loss) brought forward from the previous period14P€440€-2k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €14k | €15k | €25k | €29k | ▲ 16.8% |
| Other operating charges640/8 | €835 | €2k | €1k | €2k | €2k | ▲ 7.2% |
| Non-recurring operating charges66A | - | €1k | - | - | - | - |
| Gross operating margin9900 | €19k | €38k | €34k | €28k | €28k | ▼ 2.2% |
| Operating profit (loss)9901 | €2k | €20k | €17k | €2k | €-3k | ▼ 252% |
| Financial income75/76B | €1k | €1k | €445 | €938 | €141 | ▼ 84.9% |
| Recurring financial income75 | €1k | €1k | €445 | €938 | €141 | ▼ 84.9% |
| Financial charges65/66B | €666 | €1k | €896 | €5k | €7k | ▲ 22.5% |
| Recurring financial charges65 | €666 | €1k | €896 | €5k | €7k | ▲ 22.5% |
| Profit (loss) for the period before taxes9903 | €3k | €21k | €17k | €-3k | €-9k | ▼ 268% |
| Income taxes67/77 | €723 | €4k | €4k | - | - | - |
| Profit (loss) for the period9904 | €2k | €17k | €13k | €-3k | €-9k | ▼ 268% |
| Profit (loss) for the period to be appropriated9905 | €2k | €17k | €13k | €-3k | €-9k | ▼ 268% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83k | €110k | €210k | €286k | €254k | ▼ 11.1% |
| Fixed assets21/28 | €14k | €53k | €82k | €181k | €162k | ▼ 10.8% |
| Intangible fixed assets21 | €1k | €475 | - | - | €4k | - |
| Tangible fixed assets22/27 | €13k | €52k | €82k | €181k | €158k | ▼ 13.0% |
| Plant, machinery and equipment23 | €7k | €12k | €11k | €146k | €132k | ▼ 9.8% |
| Furniture and vehicles24 | €4k | €35k | €26k | €31k | €22k | ▼ 28.1% |
| Other tangible fixed assets26 | €1k | €5k | €4k | €4k | €3k | ▼ 12.7% |
| Assets under construction and advance payments27 | - | - | €40k | - | - | - |
| Current assets29/58 | €69k | €58k | €128k | €104k | €92k | ▼ 11.7% |
| Stocks and contracts in progress3 | €29k | €22k | €20k | €31k | €22k | ▼ 29.1% |
| Stocks30/36 | €29k | €16k | €12k | €25k | €22k | ▼ 12.2% |
| Contracts in progress37 | - | €6k | €7k | €6k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €26k | €12k | €70k | €32k | €16k | ▼ 50.0% |
| Trade receivables40 | €16k | €5k | €63k | €26k | €16k | ▼ 37.5% |
| Other amounts receivable41 | €10k | €7k | €8k | €6k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €11k | €21k | €35k | €39k | €51k | ▲ 33.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | €3k | €2k | €2k | ▲ 13.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83k | €110k | €210k | €286k | €254k | ▼ 11.1% |
| Equity10/15 | €40k | €57k | €70k | €67k | €58k | ▼ 14.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €21k | €38k | €51k | €51k | €51k | = |
| Non-distributable reserves130/1 | €450 | - | - | - | - | - |
| Other1319 | €450 | - | - | - | - | - |
| Distributable reserves133 | €21k | €38k | €51k | €51k | €51k | = |
| Profit (loss) carried forward14 | - | - | €440 | €-2k | €-12k | ▼ 443% |
| Amounts payable17/49 | €43k | €54k | €140k | €218k | €196k | ▼ 10.2% |
| Amounts payable after more than one year17 | €5k | €27k | €65k | €172k | €135k | ▼ 21.6% |
| Financial debts170/4 | €5k | €27k | €65k | €172k | €135k | ▼ 21.6% |
| Amounts payable within one year42/48 | €38k | €27k | €75k | €46k | €61k | ▲ 32.8% |
| Current portion of amounts payable after more than one year42 | €6k | €8k | €12k | €29k | €37k | ▲ 27.8% |
| Financial debts43 | €4k | - | €1k | - | - | - |
| Credit institutions430/8 | - | - | €1k | - | - | - |
| Other loans439 | €4k | - | - | - | - | - |
| Trade debts44 | €24k | €11k | €51k | €12k | €13k | ▲ 8.8% |
| Suppliers440/4 | €24k | €11k | €51k | €12k | €13k | ▲ 8.8% |
| Advances received on contracts in progress46 | - | €2k | - | - | - | - |
| Taxes, remuneration and social security45 | €2k | €5k | €8k | €4k | €4k | ▲ 22.6% |
| Taxes450/3 | €134 | €4k | €1k | - | €829 | - |
| Remuneration and social security454/9 | €2k | €2k | €7k | €4k | €4k | = |
| Other amounts payable47/48 | €2k | €629 | €3k | €1k | €6k | ▲ 428% |
| Accrued charges and deferred income492/3 | €33 | €238 | - | €25 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €17k | €13k | €-3k | €-9k | ▼ 268% |
| + Depreciation and write-downs630 | €16k | €14k | €15k | €25k | €29k | ▲ 16.8% |
| Operating cash flow (approximation) | €18k | €31k | €28k | €22k | €19k | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €-53k | €-44k | €-124k | €-9k | ▲ 92.5% |
| Change in cash | - | €10k | €14k | €3k | €13k | ▲ 291% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €17k ▲753%
Operating result €20k, net result €17k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2018
Ground area
646 m²
Building footprint
167 m²
Volume, LiDAR
888 m³
Parcel 44332F0103/00D003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
STYL
since 20182.277.565.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44332F0103/00D003 | Flanders | 646 m² | 1 · 167 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 405 EUR awarded · 405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 405 EUR | 405 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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SCHRIJN-EN TIMMERWERKEN BAUWENS STEFAAN
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Of 1,599 companies in sector 16230 we hold annual accounts for 784. 577 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
hans@styl-hout.beDestelbergen
Phone
0494254148Destelbergen
Scores and ratios are computed by Checked and are not a credit decision.